A Study On Factors Of Top-management Pay In The Listed Financial Firms

The domestic financial companies are immediately overwhelmed by foreign financial companies with fierce competition since 2001. Domestic financial industry in financial strength, management, and human resources are inferior to foreign banks, domestic joint-stock banks, a large number of co-transformation of the city commercial banks, city commercial banks and regional banks are flourishing, the traditional state-owned banks are under more incentive competition. On the other hand, In 2008, the global financial crisis, the financial industry was at the cusp, although the domestic financial sector was little affected, but the painful lesson of U.S. financial industry has given us more attention and higher requirements.Today competition is the talent competition. The financial industry is knowledge-intensive industries, core talent that is the role of senior management can not imagine. According to the theory and practice, paying a person better can stimulate the potential to bring more value added to businesses.Therefore, this paper attempts to explore the factors of pay for reasonable compensation mechanism which should be developed to meet the requirements for the purpose of analysis and empirical analysis. Using standardized methods, drawing on relevant theories and literature review at home and abroad, and make comparison between the domestic financial sector and other domestic industries, comparison of the foreign financial industry, then point out the problems. Next, underlying assumptions, establish relevant models to study the 37 financial A listed companies. To large state-owned and joint-stock financial industry, compare two groups to verify. At last, made the summary and put forward some advice.